The Saab Family Foundation is a private, non-operating 501(c)(3) charitable foundation based in Lowell, Massachusetts. Founded in 2010 by Mark and Elisia Saab following the sale of their medical device company, the foundation operates as a grantmaking organization dedicated to supporting public charities and providing scholarships to individuals. Since its establishment, the foundation has awarded more than $8 million in combined scholarships and grants.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.4M
-4.4% YoY
Annual Giving
$889K
+1.9% YoY
Grant Count
123
+9.8% YoY
Avg Grant Size
$7K
-7.2% YoY
Under IRS private-foundation payout rules, The Saab Family Foundation reported a distributable amount of $907K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's core mission is to provide grants to public charities carrying out charitable purposes and scholarships to individuals to encourage further academic achievement. The foundation is specifically interested in funding work in the following areas:
- Education
- Youth programs
- Services for the elderly and disabled
- Low-income assistance
- Housing and homelessness
- Programs fostering social responsibility
Grantmaking
The foundation maintains two active funding programs: grants to nonprofits and scholarships to individuals.
Review Cycle
not accepted
How to Apply
is entirely online, with materials submitted via mail, email, or outside of the grant cycle not accepted
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Geographic Focus
Where this funder awards grants
The foundation serves a four-county region spanning New Hampshire and Massachusetts:
- Rockingham County, NH
- Hillsborough County, NH
- Essex County, MA
- Middlesex County, MA
The foundation's impact extends throughout the Merrimack Valley region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total Assets: $16.1 million
- Annual Revenue: $541,000
- Annual Expenses: $1.03 million
- Total Liabilities: $529,000
Grant Distribution:
- Total giving (2023): $889,400
- Median grant amount: $4,000
- Grant count: 112 awards
Tax Status:
- Tax-exempt since April 2013
- EIN: 27-4392768
- Designated as a 501(c)(3) organization
- Donations are tax-deductible
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,371,746 | $16,072,598 | $16,044,520 |
| Revenue | $1,226,328 | $541,230 | $331,357 |
| Expenses | $1,056,250 | $1,030,869 | $1,117,622 |
| Qualifying Distributions | $910,146 | $876,000 | $960,815 |
| Net Investment Income | $1,079,945 | $399,097 | $398,103 |
| Distributable Amount | $906,830 | $826,109 | $897,692 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from The Saab Family Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Agassiz Village Founded by Mr & Mrs Harry E Burroughs ($25,000), Boys & Girls Club of Greater Lowell ($25,000), Catie's Closet Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A PLACE TO TURN INC NATICK, MA | GENERAL SUPPORT | $10,000 |
| ABLE TO SERVE - NEW ENGLAND INC LOWELL, MA | GENERAL SUPPORT | $3,000 |
| ACORD FOOD PANTRY HAMILTON, MA | GENERAL SUPPORT | $2,400 |
| ADOLESCENT CONSULTATION SERVICES INC (ACS) CAMBRIDGE, MA | GENERAL SUPPORT | $10,000 |
| ADRIEL JAVIER LAWRENCE, MA | SCHOLARSHIP | $3,000 |
| AGASSIZ VILLAGE FOUNDED BY MR & MRS HARRY E BURROUGHS FRAMINGHAM, MA | GENERAL SUPPORT | $25,000 |
| AIDAN FITZPATRICK LOWELL, MA | SCHOLARSHIP | $4,000 |
| ALAINA FOSS TYNGSBORO, MA | SCHOLARSHIP | $3,000 |
| ANCHOR OF HOPE DIAPER BANK HAVERHILL, MA | GENERAL SUPPORT | $2,500 |
| ANTHONY SANTOS HUDSON, NH | SCHOLARSHIP | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by a board of trustees, all of whom serve without compensation:
- Elisia M Saab – Trustee, Chair, and Treasurer
- Mark A Saab – Trustee
- Analise S Brown – Trustee and Director of Programs
- Tricia L Albert – Trustee
- Alana T Saab – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELISIA M SAAB | TRUSTEE, CHAIR, TREASURER | 1.6 | — |
| MARK A SAAB | TRUSTEE | 1.6 | — |
| ANALISE S BROWN | TRUSTEE | 1.6 | — |
| TRICIA L ALBERT | TRUSTEE | 1.6 | — |
| ALANA T SAAB | TRUSTEE | 1.6 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Saab Family Foundation fund?
The foundation's core mission is to provide grants to public charities carrying out charitable purposes and scholarships to individuals to encourage further academic achievement. The foundation is specifically interested in funding work in the following areas: • Education • Youth programs • Services for the elderly and disabled • Low-income assistance • Housing and homelessness • Programs fostering social responsibility
How do I apply for a grant from The Saab Family Foundation?
The foundation maintains two active funding programs: grants to nonprofits and scholarships to individuals. **Grant Program:** • Grants are reserved for tax-exempt organizations and nonprofits with specific programs serving the foundation's geographic region • Typical grant awards range from $1,000 to $33,000 • In 2025, forty-five nonprofits received grants • The foundation's application process is entirely online, with materials submitted via mail, email, or outside of the grant cycle not acce…
Where does The Saab Family Foundation make grants?
The foundation serves a four-county region spanning New Hampshire and Massachusetts: • Rockingham County, NH • Hillsborough County, NH • Essex County, MA • Middlesex County, MA The foundation's impact extends throughout the Merrimack Valley region.
What size grants does The Saab Family Foundation award?
In 2024, The Saab Family Foundation awarded 123 grants totaling $889K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Saab Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Saab Family Foundation reported a distributable amount of $907K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Saab Family Foundation's EIN?
The Saab Family Foundation's EIN (Employer Identification Number) is 27-4392768. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Saab Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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